BIM (Building information Modelling)
Technology is making the world smaller – yet providing an unprecedented catalyst for growth and improvement. As such, we are more connected and better able to facilitate change.
When reading about technological transformation. It’s easy to believe that much of the leading edge belongs entirely to affluent global giants. However, one of the most important technological developments for world change is also becoming one of the most vital tools for forward-looking SMEs: Building Information Modelling.
For any type of construction project, or for physical process improvements, BIM has the unique status of being both globally significant and a scalable business tool for SMEs.
BIM coming of age at all levels of change
BIM is a driving force behind the way buildings, transport systems, environmental impact reports and construction sites. According to one report, by 2024 the global BIM market will be worth $18.8 billion. Contrast that to its 2016 valuation of $3.6 billion.
This research puts forward the view that emerging countries will be the biggest influencers on growth of its applications, particularly to support infrastructure improvements. It could well bring considerable changes within countries such as China and India.
All very exciting, but what you may not realise is that this same type of technology can be sourced and bought by small companies to adapt to their own specific business needs.
BIM is a leveller, as well as a growth tool
One of the advantages of using BIM to develop new buildings, production lines or even smaller physical developments, is that it provides SMEs with insights into leaner and more agile ways of working.
Using BIM to plan business growth is potentially easier for companies with fewer than 250 employees too. This is because any changes it suggests can be implemented more easily and quickly in smaller organisations, rather than their unwieldy counterparts.
In this way, BIM can be a springboard to enable SMEs to take on the “big guns” more effectively.
Cost makes it accessible to SMEs
Unlike many of the other big technology revolution strands, BIM is something that is both readily accessible and relatively inexpensive.
Not least as companies don’t have to invest large sums in buying the equipment and software themselves. There are specialists available that can lend their capabilities and expertise to small firms, opening up a whole new spectrum of possibilities, for a manageable cost.
The best ways for SMEs to use BIM for strategic growth
Ambitious smaller organisations obviously need to shop around for the right level of affordable support in harnessing Building Information Modelling for their Business Planning.
But it’s also important that they thoroughly research the government’s support and strategy in this vital area of technology. There may be free help available to your particular sector.
It is recommended that you research and read as much as possible, to investigate and understand all aspects. This is not simply a new business “toy”. The better you appreciate its applications and potential, the better your ROI for using it.
Discuss what you need and want from BIM well advance of actually commissioning any projects. Talk to a knowledgeable provider to discuss what is possible. Also to every member of the project team to gather what is desirable.
You should also look closely at your sources of information to support BIM and what additional data you would need.
Will BIM make my SME more profitable?
Having greater insight and ability to create seamless change may or may not affect your organisation’s ability to make more money.
It clearly depends on what you are using it for.
The only certainty is that it’s the ideal solution to maximising efficiency, reducing costs and providing your organisation with a competitive advantage.
BIM will provide you with vital information – how you use that to become more profitable is entirely up to you.
Contact Jenson Consulting to discuss ways BIM can be applied to your growth ambitions.